The exchange had posted a net profit of Rs 49.30 crore in the same quarter of the 2014-15 fiscal.
Profits took a beating as expenses rose to Rs 47.35 crore in the quarter from Rs 31.93 crore in the same quarter of the previous fiscal, the exchange said in a BSE filing.
However, total income from the operations rose marginally to Rs 60.50 crore in January-March from Rs 58.97 crore in the year-ago period.
The exchange also said its Board has recommended a final dividend of Rs 6.50 per share for the 2015-16.
It has also co-opted Mrugank Paranjape as Director and MD and CEO of the exchange for three years effective from May 9, 2016.
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